Through 2021, the digital healthcare market is projected to grow substantially, according to ReportsnReports.
Here are five takeaways:
1. The increasing use of smartphones, more people using home healthcare and more mobile health apps flooding the market are fueling market growth.
2. From 2011 to 2015, the market increased at a compound annual growth rate of 13.21 percent.
3. The market is anticipated to increase at a 15.05 percent CAGR from 2016 to 2021.
4. The mHealthcare market is projected to generate nearly $18 million this year. However, barriers to segment growth include privacy concerns, regulatory issues and patient acceptance.
5. Various market vendors include Cerner, Biotelemetry, Allscripts, WebMD, Omron, Medtronic, eclinicalworks, Practo and Portea Medical.
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